Exam of Ocay (1st) Flashcards
This is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country.
MNC
Is an organization or an individual that borrows money in financial institution.
LENDER
It describes the exchange of products (merchandise) and services (intangibles) across national borders.
INTERNATIONAL TRADE
One of the UM‟s core values that states the university believe in the concept that “the whole is greater than the sum of its parts” and value the collective effort of every stakeholder through synergy, cooperation, collaboration and „esprit de corps‟ as it is integral to the success of the institution
TEAMWOK
This is a group or a system of interconnected people or thing.
NETWORK
Is the money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt or loan.
INTEREST
One of the UM‟s core values that states the university is committed to world-class customer service and quality as we excel for the mutual success of our stakeholders.
EXCELLENCE
The inner circle of the UM logo has the Latin words “Vincit Omnia Veritas” which means
TRUTH CONQUERS ALL
This conflict of goals between a firm’s managers and shareholders is often referred to?
AGENCY PROBLEM
An act of lending something to someone or to some establishment.
LOAN
What is the firm’s potential loss or failure from poorly developed or executed business strategies, tactics, or procedures?
COMMERCIAL RISK
It refers to the risk of adverse fluctuations in exchange rates. Fluctuation is common for exchange rate, which is the value of one currency in terms of another
CURRENCY RISK
This obligates a firm to provide a specialized sales or service strategy, support assistance, and possibly an initial investment in the franchise in exchange for periodic fees
FRANCHISING
These are a form of debt that the issuing entity promises to repay at some point in the future
BONDS
According to this theory, firms become established in the home market as a result of some perceived advantage over existing competitors, such as a need by the market for at least one more supplier of the product
PRODUCT CYCLE THEORY
This represents a summary of the flow of funds resulting from the sale of assets between one specified country and all other countries over a specified period of time
CAPITAL ACCOUNT